BMI– a Fitch Solutions business– has actually modified up its 2026 typical annual neodymium/praseodymium (NdPr) oxide rate projection to typical $90 000/t, showing a durable beginning to the year underpinned by tightening up basics and enhanced political energy. BMI keeps in mind that NdPr oxide costs got to a multi-year high of $97 969/t on January 15, adhering to statements from Landmass China’s Northern Rare Planet and Baotou Steel relating to a rise in the uncommon planet concentrate purchase rate for the very first quarter of this year, which strengthened favorable view, with the rally expanding later on in the month to touch $99 935/t on January 27.
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